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As the U.S.-Iran conflict continues to lead to a
As the U.S.-Iran conflict continues to lead to a truce, the Nasdaq and S&P indexes are hitting new highs due to good performance and increased investment. On top of that, the semiconductor index has been rising for 11 days due to the favorable factors of investment in semiconductors and increased demand, which are sensitive to…
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U.S. stocks rise on U.S.-Iran weekend negotiations expectations and good news for individual firms
04/22 U.S. stocks rise on U.S.-Iran weekend negotiations expectations and good news for individual firms The U.S. stock market started higher after Trump extended the ceasefire despite the continued uncertainty between the U.S. and Iran and raised the possibility of negotiations on Friday. On top of that, memory companies rose on the basis of individual…
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Wash emphasizes Fed independence, avoids answering interest rates
1) Wash emphasizes Fed independence, avoids answering interest ratesAt the Senate confirmation hearing, Fed Chairman-designate Kevin Wash reiterated his willingness to carry out independent monetary policy, but avoided giving details on the future path of interest rates. “The president has never asked for a commitment to a particular interest rate decision,” he stressed. Wash argues…
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The U.S. stock market started higher due to the influx of strong retail sales results and
04/21 U.S. stocks fall on hawkish comments from Kevin Wash and uncertainty over U.S.-Iran deal The U.S. stock market started higher due to the influx of strong retail sales results and expectations for companies’ performance despite the uncertainties related to the U.S.-Iran negotiations. However, after Kevin Wash’s hawkish remarks, the market began to open for…
